Q1 2025 EPS Estimates for Helmerich & Payne, Inc. (NYSE:HP) Increased by Atb Cap Markets

Helmerich & Payne, Inc. (NYSE:HP) – Equities researchers at Atb Cap Markets lifted their Q1 2025 earnings estimates for Helmerich & Payne in a research report issued on Tuesday, April 30th. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will post earnings of $0.93 per share for the quarter, up from their prior estimate of $0.91. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.57 per share. Atb Cap Markets also issued estimates for Helmerich & Payne’s Q2 2025 earnings at $0.97 EPS, Q3 2025 earnings at $1.11 EPS and Q4 2025 earnings at $1.15 EPS.

A number of other brokerages also recently commented on HP. Royal Bank of Canada lifted their price target on shares of Helmerich & Payne from $46.00 to $48.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 31st. Benchmark restated a “hold” rating on shares of Helmerich & Payne in a report on Thursday, April 25th. The Goldman Sachs Group dropped their target price on Helmerich & Payne from $37.00 to $33.00 and set a “sell” rating for the company in a research note on Friday, January 12th. Piper Sandler raised their price target on Helmerich & Payne from $41.00 to $44.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 20th. Finally, Citigroup upped their price objective on shares of Helmerich & Payne from $40.00 to $42.00 and gave the company a “neutral” rating in a research note on Tuesday, April 16th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $42.63.

Helmerich & Payne Stock Up 0.5 %

NYSE:HP traded up $0.19 during trading hours on Friday, hitting $38.02. The company’s stock had a trading volume of 242,926 shares, compared to its average volume of 1,296,131. Helmerich & Payne has a 52-week low of $30.41 and a 52-week high of $46.55. The company has a current ratio of 2.16, a quick ratio of 1.92 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $3.75 billion, a P/E ratio of 10.81, a price-to-earnings-growth ratio of 1.84 and a beta of 1.51. The stock has a fifty day moving average of $40.76 and a 200-day moving average of $38.62.

Helmerich & Payne (NYSE:HP) last released its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.01). The business had revenue of $687.94 million for the quarter, compared to analysts’ expectations of $682.51 million. Helmerich & Payne had a return on equity of 13.21% and a net margin of 12.84%. The business’s revenue for the quarter was down 10.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.26 earnings per share.

Helmerich & Payne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be paid a $0.42 dividend. The ex-dividend date is Thursday, May 16th. This represents a $1.68 dividend on an annualized basis and a yield of 4.42%. Helmerich & Payne’s payout ratio is presently 28.57%.

Insiders Place Their Bets

In other Helmerich & Payne news, CFO Mark W. Smith sold 16,000 shares of Helmerich & Payne stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $40.49, for a total value of $647,840.00. Following the transaction, the chief financial officer now directly owns 144,870 shares of the company’s stock, valued at approximately $5,865,786.30. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Helmerich & Payne news, SVP Cara M. Hair sold 9,910 shares of Helmerich & Payne stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $40.22, for a total transaction of $398,580.20. Following the sale, the senior vice president now directly owns 137,764 shares of the company’s stock, valued at $5,540,868.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark W. Smith sold 16,000 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $40.49, for a total value of $647,840.00. Following the completion of the sale, the chief financial officer now owns 144,870 shares in the company, valued at $5,865,786.30. The disclosure for this sale can be found here. Company insiders own 4.38% of the company’s stock.

Institutional Investors Weigh In On Helmerich & Payne

A number of large investors have recently bought and sold shares of the business. Raymond James & Associates grew its holdings in Helmerich & Payne by 189.6% during the 3rd quarter. Raymond James & Associates now owns 51,946 shares of the oil and gas company’s stock worth $2,190,000 after acquiring an additional 34,007 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Helmerich & Payne by 5.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,178 shares of the oil and gas company’s stock worth $935,000 after purchasing an additional 1,118 shares during the last quarter. Strs Ohio lifted its holdings in Helmerich & Payne by 134.3% during the 3rd quarter. Strs Ohio now owns 31,400 shares of the oil and gas company’s stock worth $1,323,000 after buying an additional 18,000 shares in the last quarter. Advisor Partners II LLC bought a new position in Helmerich & Payne in the 3rd quarter valued at $251,000. Finally, TD Asset Management Inc increased its stake in shares of Helmerich & Payne by 71.7% in the 3rd quarter. TD Asset Management Inc now owns 29,700 shares of the oil and gas company’s stock valued at $1,252,000 after buying an additional 12,400 shares during the period. 96.05% of the stock is currently owned by institutional investors.

Helmerich & Payne Company Profile

Founded in 1920, Helmerich & Payne, Inc (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.